证券代码：300547 证券简称：川环科技 公告编号：2025-022 四川川环科技股份有限公司 第七届监事会第十次会议决议 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 四川川环科技股份有限公司（以下称"公司"）第七届监事会第十次会议于 2025 年 8 月 11 日上午 10 点 30 分在公司会议室以通讯方式召开。会议通知于 10 日前以电话方式和电子邮件方式送达。本次监事会应参加监事 3 人，实际参加监 事 3 人。会议由公司监事会主席牟洪波先生主持，董事会秘书周贤华先生列席了 会议。会议的召开符合《公司法》、《公司章程》和《监事会议事规则》及相关 法规的规定，会议召开合法有效。本次会议经过充分审议，形成了以下决议： 经审核，监事会认为：董事会编制和审核公司 2025 年半年度报告的程序符 合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了公 司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。《公司 2025 年半年度报告》及《2025 年半年度报告摘要》详见同日刊登于中国证监会指定 的创业板信息披露网站巨潮资讯（http: ...

证券代码：300547 证券简称：川环科技 公告编号：2025-021 四川川环科技股份有限公司 第七届董事会第十次会议决议 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 四川川环科技股份有限公司（以下称"公司"、"本公司"）第七届董事会第九 次会议于 2025 年 8 月 11 日上午 10 点在公司会议室以现场会议和通讯方式相结 合方式召开，会议通知于 10 日前以电话方式和电子邮件方式送达。本次董事会 应参加董事 9 人，实际参加董事 9 人。会议由公司董事长文琦超先生主持，公司 全体监事、高级管理人员列席了本次会议。会议的召开符合《公司法》、《公司章 程》和《董事会议事规则》的有关规定。经与会董事投票表决，审议通过了如下 议案： 一、审议通过了《关于公司 2025 年半年度报告及摘要的议案》 董事会认为：2025 年半年度报告及摘要的编制和审核程序符合法律、行政 法规和中国证监会的规定，报告内容真实、准确、完整地反映了公司 2025 年半 年度经营的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。本议案 已经董事会审计委员会审议通过。《公司 2 ...

四川川环科技股份有限公司 2025 年半年度报告全文 四川川环科技股份有限公司 2025 年半年度报告 公告编号：2025-023 【2025 年 8 月 11 日】 1 四川川环科技股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人文琦超、主管会计工作负责人罗英及会计机构负责人(会计主 管人员)刘亚丽声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 公司可能面临宏观环境变化及复杂多变的经济形势、行业竞争加剧、新 业务拓展、原材料价格波动、客户高度集中、应收账款较大等带来的风险， 具体参见本报告"第三节 管理层讨论与分析"之"十、公司面临的风险和应对 措施"的相关内容，敬请投资者查阅并注意投资风险。 公司可能面临宏观环境变化及复杂多变的经济形势、行业竞争加剧、新 业务拓展、原材料价格波动、客户高度集中、应收账款较大等带来的风险， 敬请广大投资者关注，并注意投资风险。 公司计 ...

Group 1 - The company reported a revenue of 688 million yuan for the first half of 2025, representing a year-on-year growth of 7.65% [1] - The net profit for the same period was 98.63 million yuan, showing a slight increase of 0.27% year-on-year [1] - The company announced that it will not distribute cash dividends, issue bonus shares, or increase capital from reserves [1]

Investment Rating - The industry investment rating is Neutral [8] Core Insights - AI liquid cooling is transitioning from an optional to a necessary solution, with demand expected to drive rapid growth in market space and penetration rates [8] - The acceleration of ASIC layouts and the increase in domestic computing cluster scale will open new growth opportunities for the liquid cooling market [8] - The overseas supply gap in liquid cooling will provide opportunities for domestic suppliers to expand internationally, with expectations of moving from component supply to modular and integrated solutions [8] - The AI liquid cooling sector has high barriers to entry and significant value, suggesting a favorable competitive landscape and profitability in the medium to long term [8] Summary by Sections Liquid Cooling Market Dynamics - The demand for AI computing centers is driving the need for high-density GPU clusters, leading to a shift towards liquid cooling solutions [8] - Major cloud service providers are accelerating the development of customized ASICs and integrating liquid cooling solutions [8] Investment Recommendations - Suggested companies to watch include: - Yinvik (002837, Not Rated) - Yinlun (002126, Buy) - Feilong (002536, Not Rated) - Chuanhuan Technology (300547, Not Rated) - Xiangxin Technology (002965, Not Rated) - Sulian Technology (301397, Not Rated) - Zhongding (000887, Not Rated) [3]

Core Viewpoint - Liquid cooling technology is expanding beyond GPU servers to network devices and ASIC chips, driven by the scaling of AI clusters and a shift in market perception towards a revaluation of the liquid cooling industry [1][2][3] Group 1: Reasons for the Surge in Liquid Cooling - Liquid cooling technology is gaining traction as it is no longer limited to GPU servers, with potential applications in network devices and ASIC chips [2] - Recent developments include Broadcom introducing liquid cooling in switch devices, AMD emphasizing liquid cooling in its MI350 series, and Taiwanese cooling leaders predicting a rapid increase in water cooling adoption over the next two years [2] - The industry is transitioning from conceptual discussions to tangible implementations, with changes in revenue structures, customer bases, and production expansions expected [2] Group 2: Market Dynamics and Future Prospects - The market is at a tipping point where the recognition of liquid cooling trends is leading to significant market reactions, driven by increasing power consumption and the diversification of AI clusters [3] - The power consumption of systems like NVL72 has reached 120kW, surpassing the limits of air cooling systems, prompting a shift towards liquid cooling [3] - Major companies such as Meta, Google, and Amazon are advancing their AI architectures, which will likely include liquid cooling systems in the future [3] Group 3: Competitive Landscape and Strategic Considerations - The core competitive issue in the liquid cooling industry revolves around the ability to avoid "internal competition" and maintain a strong competitive edge [4] - Chip manufacturers may prefer decoupled solutions to reduce costs and improve installation efficiency, while cloud providers favor integrated delivery models for stability and operational efficiency [4] - Companies with robust system integration capabilities, including cold plates, CDU, UQD, cooling liquids, redundancy control, and engineering implementation, are likely to become preferred partners for major cloud service providers [4] Group 4: Investment Recommendations - Core recommendation includes Invec (002837) for its system capabilities and international expansion potential [5] - Other companies to watch include Dongyangguang (600673), Shuguang Shuchuang (872808), Shenling Environment (301018), and Gaolan Co. (300499) [5][6]

Group 1 - The liquid cooling concept stocks are experiencing significant activity, with companies like Eurocontinental approaching the daily limit increase [1] - Other companies in the sector, such as Aikesaibo, Fangsheng Co., Invec, Chuanhuan Technology, and Sixuan New Materials, have seen their stock prices rise by over 7% [1]

Group 1 - The core stock price of Sichuan Chuanhuan Technology Co., Ltd. (300547) closed at 38.0 yuan, with a slight increase of 0.26% as of August 8, 2025 [1] - The trading volume was 282,400 hands, with a total transaction amount of 1.093 billion yuan [1] - The net outflow of main funds was 26.7462 million yuan, accounting for 2.45% of the transaction amount [1] Group 2 - The latest quarterly report shows total operating revenue of 316 million yuan, a year-on-year increase of 5.60% [1] - The net profit attributable to shareholders was 46.4356 million yuan, up 5.06% year-on-year [1] - The company has a current ratio of 3.942, a quick ratio of 2.781, and a debt-to-asset ratio of 19.78% [1] Group 3 - Sichuan Chuanhuan Technology was established in 2002 and is primarily engaged in the rubber and plastic products industry [2] - The company has invested in 2 enterprises and participated in 15 bidding projects [2] - It holds 52 trademark registrations and 111 patents, along with 84 administrative licenses [2]

液冷概念板块领涨，上涨1.94%，其中科创新源上涨19.99%，澄天伟业上涨12.09%，川环科技上涨 10.54%，飞龙股份、日海智能、英维克涨超9%。（第一财经AI快讯） ...

Market Overview - The automotive parts sector increased by 1.59% on August 5, with Huami New Materials leading the gains [1] - The Shanghai Composite Index closed at 3617.6, up 0.96%, while the Shenzhen Component Index closed at 11106.96, up 0.59% [1] Top Gainers in Automotive Parts Sector - Huami New Materials (Code: 836247) closed at 23.73, up 12.41% with a trading volume of 192,200 shares and a transaction value of 450 million yuan [1] - Jiezhong Technology (Code: 873690) closed at 28.89, up 11.12% with a trading volume of 97,300 shares and a transaction value of 292 million yuan [1] - Shenda Co., Ltd. (Code: 600626) closed at 4.46, up 10.12% with a trading volume of 290,600 shares and a transaction value of 127 million yuan [1] Fund Flow Analysis - The automotive parts sector saw a net inflow of 884 million yuan from institutional investors, while retail investors experienced a net inflow of 28.08 million yuan [2][3] - Major stocks like Hunan Tianyan (Code: 600698) had a net inflow of 404 million yuan from institutional investors, but a net outflow of 210 million yuan from retail investors [3] Notable Decliners - Redik (Code: 300652) closed at 61.42, down 3.97% with a trading volume of 64,700 shares and a transaction value of 402 million yuan [2] - Fosa Technology (Code: 301529) closed at 68.88, down 2.03% with a trading volume of 61,600 shares and a transaction value of 428 million yuan [2]